Goldman Sachs analyst Henry Meyer initiated coverage of Woodside Energy with a Buy rating and A$41.80 price target. Woodside has transformed into one of the world’s largest independent oil and gas producers following its merger with BHP Petroleum, Meyer tells investors in a research note. The analyst expects Woodside will generate record earnings through 2023 given its "standout exposure" to spot liquified natural gas and oil prices, which he thinks will remain elevated.
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